Ritchie Bros opening Chinese auction operations

Auction firm Ritchie Bros is planning to hold its first unreserved public auction of construction machinery at the Beijing Tianzhu Free Trade Zone during Spring 2013.

January 6, 2017 Read time: 1 min

Auction firm 318 Ritchie Bros is planning to hold its first unreserved public auction of construction machinery at the Beijing Tianzhu Free Trade Zone during Spring 2013. The company has leased land in the Tianzhu Free Trade Zone (Shunyi, Beijing), located close to Beijing Capital International Airport. The Tianzhu Free Trade Zone is connected to one of China's largest roll-on, roll-off ports in Tianjin.

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Ritchie Bros’ first regional auction shown live at INTERMAT

Ritchie Bros Auctioneers’ first multi-million pound auction at its new regional site in Donington Park, UK, was shown live at INTERMAT. The company registered more than 630 online and on-site bidders from 50 countries to bid on more than 675 heavy plant equipment items and trucks. Two unused Volvo L90F wheeled loaders sold to an online bidder from Australia for €147,000 each.